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. that includes 7 cents a share of negative impact about a because of superstorm sandy, because of those recovery efforts. what was the estimate, joe? >> i mean, the number that they're -- that we're seeing reported by reuters are -- i don't know whether that's yearly or what, but they're taughting fourth quarter of 1.48. >> fourth quarter, 38 cents. >> i saw that, but -- >> even with the seven cents back in, the estimate was 50 cents. >> this must have a lot on other stuff in it. the one that is sitting on the wire. we're getting some news from the company itself. but yeah, there is a -- does that include did they sell something or have a big gain? they might have. what did you -- >> 38 is what they say, plus the 7 cents. >> that is still below. >> below what the street would have been looking for and -- >> i doubt if they're going miss by -- you know, as stable a company as verizon is -- >> although the company is saying they were positioning themselves for growth in 2013. the story is the verizon sees opportunities in the fourth quarter to improve profits for 2013 means they probably threw a l
approved a $50-billion aid package for hurricane sandy relief, and senate majority leader harry reid said yesterday the senate could move swiftly to pass it. the controversial keystone xl pipeline may be back in play. the project has received approval from nebraska governor dave heineman this week. heineman approved a re-routing of the pipeline, which would transport crude oil from canada to the u.s. heineman said the route for the pipeline now avoids the state's sandhills region, which enviromentalists previously opposed, calling the region "environmentally sensitive." any move forward will have to be approved by the obama administration, which blocked progress of the project a year ago. superstorm sandy is taking a toll on corporate america. verizon blamed its $4.23-billion loss on storm costs. travelers insurance company turned a $394-million profit, but that was down from $618 million last year because of hurricane- related expenses. and delta airlines, which cancelled nealry 20,000 flights, had a net income of $7 million, off $425 million from a year earlier. despite near constant pl
bill to assist americans harmed by superstorm sandy. the house recently approved the bill, and president obama has promied to sign. lawmakers from the northeast contend the money is urgently needed, especially in new jersey, new york and connecticut. conservative republicans say the relief package will only add to the nation's debt unless it's off- set with spending cuts. several of president obama's 2012 recess appointments are being ruled "invalid." a federal appeals court unanimously ruled that the president's appointments to the national labor relations board last year were unconstitutional. senate republicans filed the case against the president, arguing that the appointments were made while the senate was in pro-forma session and not in recess. the obama administration is expected to appeal. a fresh audit of apple's supply chain reveals continuing labor problems. apple has conducted nearly 400 audits of its suppliers, including foxconn. investigations revealed cases of underage workers, discrimination and low wages. the company says it is cracking down on its most ch
that a beat, wouldn't you, despite some losses from superstorm sandy. shares fresh 52-week high. up more than $2 at 78.49. do we like travelers at this price? >> we do. if you like this price, you could potentially sell some puts, that allows you to collected premium and come in lower. the ceo has done a great job. you look at this low interest rate environment, he's honing the prices. that's why they'll do better in the future. >> on to verizon, fourth quarter loss, missed expectations, seeing strong subscriber growth, but impact from super storm sandy and pension costs hurting that phone carrier. herb greenberg was on the earnings call this morning and pointed out that as we get more and more platforms in the mix there will be competition, subsidy reduction as there was in the basic phone history in the ecosystem. that sounds not so hot there, jeff. what do you think of verizon. >> verizon has spent a lot of their network, the fios network. so verizon, short-term you will havae agn opportunity to buy ha here. verizon are moving forward. they're diversified. it would be nice to see stated an
million in 2009. >>> and reacting to last month's sandy hook tragedy, groupon has shelfed its gun-related deals and will review the entire category. a spokesperson says all scheduled and current gun-related deals have been put on hiatus while the companies reviews internal standards. that's the latest from the fox business network, giving you the power to prosper. we continue our "countdown to the closing bell" with cheryl casone. cheryl: okay, netflix earnings out tomorrow, but investors seemed concerned ahead of the release. back to nicole petallides at the new york stock exchange. >> reporter: so i'm talking a look here at netflix which is below the $100 mark once again. as you noted, we are waiting on the quarterly numbers. there's a couple of things to note here. the first is back in the third quarter they had a slowdown which prompted net public and to back off their earlier pledges of how many subscribers they would add, and most people are starting to think their subscription service going to end the way it started, rising costs that they've been facing, a lot of internet
after super storm sandy. thousands of people still without homes, power and heat. volunteers have been working to ease some the suffering. david lee miller with the news on staten island tonight. how are those folks holding up, david lee? >> they are holding up reasonably well which is not an easy thing to do considering how cold it is. of course now it is snowing as you mentioned. we are at a makeshift tent city. as you can see here the new york city police department has just come by to provide them with the emergency fuel necessary to keep the heater running. pan off in the other direction. can you see one of the tents used off in the distance. this is for the purpose of sleeping people who have to spend the night here. look at the pallets of should, shepard. boxes and boxes of food. all of this donate from the american red cross. the tent behind me as i said it, does have heat. that's one reason why there are some people here. there is food that is provided. many are here tonight for the sense of community support. listen. >> this is a place where we can get information. the whole
to respond to the shooting spree that killed 26 people, including 20 first graders at sandy hook elementary. the mother of 6-year-old noah positer says she supports a new assault weapons ban. >> weapons designed to inflict as much lethal damage as possible have no place in the hands of civilians. and ought to be restricted to law enforcement and the military. the equation is terrifyingly simple. faster weapons equal more fatalities. >> shepard: that's one opinion. but the father of 6-year-old james matoli or i should say matioli. instead of new laws we need to do a better job of enforcing the ones we already have. >> is one more law, i don't care if you named it james' law, i don't want it i believe in simple, few gun laws. i think we have more than enough on the books. we should hold people individually accountable for their actions and we should enforce laws appropriately. and i would say we are not currently enforcing them appropriately. >> shepard: he got a standing ovation from the audience at the hearing which also includes gun rights supporters and weapons manufacturers. today the ne
. housing sales posted the best year since 2009, jumping 20% from a year ago, sandy. >> we have our market panel. jeff saut, chief investment strategist at raymond james. david steinberg, dls capital managing partner. let's first start with mark. the take on the rally here. it is good news, bad news. this market seems to want to continue to plow higher. >> absolutely. we have some tax clarity. we have some debt ceiling clarity. you give the market clarity, and improving economic numbers and decent earnings season hard for us not to rally higher. you know, we're closing over 1500. we closed over 1500 under monday. i think that is really bullish for the next couple of weeks at least through friday's employment numbers. i want to point out something really interesting that is happening. the jcj the correlation index. little in the weeds here. but what it really measures how stocks are correlating to the s&p 500. when stocks are correlating a lot, that's bearish stocks and it makes stock picking very, very difficult because really you're picking stocks, a slave to the overall market. that inde
the senate has passed the $50.5 billion superstorm sandy bill. we have talked a lot about it. the house approved the bill in two weeks and then the measure will go to president obama for his signature. the senate has passed the superstorm sandy bill almost three months to the day since the storm devastated east coast. i don't believe they got a bit of the pork out of that thing. onto other topics, would you pay more green at the product was red white and blue? more shoppers are saying that they're willing to pay more for a product made in the u.s. andrew pierce is president of this product marketing consulting company. welcome to the show. as the real deal? i know what matters to americans. my mother tells me all the time how she will buy a product. but i don't get the impression that it matters to others. >> is a growing trend. more american companies are really trying to help differentiate them. gerri: can you tell companies what they do but they will get enact. >> is hard to measure, but i think over time we are starting to see consumers opening their wallets and pay more for america
bear plunge. it is underway with the super plungers at sandy point state park, and that is where our very own rob roblin is standing by. robby, you have done the supper plunge. you know how hard it is. tell us about it. >> well, we have adam hays. just got back from l.a. you spent time in greece. we were there when you left carrying the torch. the torch ran all through the company. what an ambassador for special olympics and what a great athlete and a good friend. how are you doing, adam? >> great. >> you are doing the super plunge again. how are you feeling? >> great. jumping in every hour. >> for special olympics athletes for all of them to see all the support, the people coming out and raising the money. what does it mean to you? >> it just makes me so happy to see that everyone cares about special olympic athletes and wants to make us feel like we're no different than anybody else. >> and you're not actually, you are, a lot better than most people, you know that? in my opinion. [laughter] you know adam is such a wonderful friend. your mom and dad are great and brother, adam, such
own netflix yesterday. sandy and were covering it. we couldn't believe the pop it had after-hours and exceeded that during the day trading. >> tissues for apple shareholders who are drying and need a cool cloth for the net flicks folks. david: extraordinary. 42%. >> completely beat the street. [closing bell rings] david: big, big moves verse. the overall market not moving all that big, but these big movers on both the upside and the downside. we have a mixed picture on all the indices here. we have the dow jones up 50 points. might settle around that mark. looks like it is settling a little lower, pulling back. the s&p up just a fraction right now. much less percentagewise than the dow jones. nasdaq of course taking all of that apple bad news in stride, leading that index down into negative territory. down about 23 points the russell 2000 having a little bit of a kick back from where it was yesterday, up 3 1/2 points. sandra: if the s&p david, holds onto the small little gain that it settled that is the 7th straight day of gains for the s&p 500. following apple's massive dro
traffic, superstorm sandy, the united- continental merger transition, and the grounding of its 787 dreamliner jets. united's ceo says 2012 was "the toughest year of our merger integration," but the airline is "back on track." consumers are bracing for higher beef prices. the effects of last summer's drought may cause the price of beef to increase by 10 to 20 cents per pound. many farmers thinned out cattle herds as scorched corn crops triggered higher feed costs. in san antonio, texas, cargill is letting go of 2,000 workers as it closes a beef packaging plant. burger king is dropping an overseas beef supplier after traces of horsemeat were found in its products. abp food group supplies beef to b-k restaurants in the u.k. and ireland. b-k says there are no risks to human health, but some of bk's products may be temporarily unavailable. meanwhile, mcdonald's is emphasizing 'knowing your fillet o fish.' the golden arches is auditing its supply chain so that it will serve only "certified sustainable fish." sustainable is a term given to suppliers who do not harm the animal. mcdonald's
billion in aid for victims of hurricane sandy which hit the northeast over three months ago. >>> the pentagon is about to expand its cyber-security force five-fold to meet increasing threats against the nation's computer networks. the expansion would add 4,000 people to a unit that only has 900 employees now. >>> two oil barges hit a railroad bridge on the mississippi river near vicksburg and began leading crude oil. the coast guard says a leaking tank filled with 80,000 gallons of crude has been contained. >>> back in 1999, the colorado grand jury looking into the death of jonbenet ramsey voted to indict her parents on charges of child abuse resulting in death. but the court said there was not enough evidence in the case. >>> president obama is a football fan that thinks the game will have to change because of the danger from the violent hits involved. the president told the new republic it will be better for the players. especially those still in college. >>> casey anthony has filed for bankruptcy on debts of almost $800,000. she faces three civil lawsuits, but most of the
this morning. the senate is expected to approve more than $50 billion in aid for victims of hurricane sandy which hit the northeast over three months ago. >>> the pentagon is about to expand its cyber-security force five-fold to meet increasing threats against the nation's computer networks. the expansion would add 4,000 people to a unit that only has 900 employees now. >>> two oil barges hit a railroad bridge on the mississippi river near vicksburg and began leading crude oil. the coast guard says a leaking tank filled with 80,000 gallons of crude has been contained. >>> back in 1999, the colorado grand jury looking into the death of jonbenet ramsey voted to indict her parents on charges resulting in her death. but the court said there was not enough evidence in the case. >>> president obama is a football fan that thinks the game will have to change because of the danger from the violent hits involved. the public told the new republic it will be better for the players, especially those still in college. >>> casey anthony has filed for bankruptcy on debts of almost $800,000. she faces three
by superstorm sandy. >> dupont 2013, a cautious year with the slow growth world economy. how worrisome are those comments from the economic bellwether. >> j & j exceeds estimates. the full year forecast a bit below the streets, as investors pay close attention to new ceo alex gorsky. >>> the dow component reporting fourth quarter numbers of 38 cents. that was well below estimates. verizon said the results were impacted by superstorm sandy. we're just getting details now, david, on activations on things like the iphone, 6.2 million, not too shabby. >> the problem was not necessarily activations, carl. the key is simply that margins came in even worse than had been anticipated. this, after the company already guided them down a bit at the consumer electronics show a couple of weeks back. and there, of course, you're talking about operating koose i higher than anticipated. investors may be a little concerned today when you take a look at that chart there. now, listen, to carl's point, they're adding a lot of customers. they're activating a lot of devices. we talk often about the subsidy for the app
is bringing further misery to families trying to recover from sandy. staten island people who haven't had heat since october are taking refuge in tents. >> you can't describe it. unless you experience it, feel the wind biting at your skin it's hard to explain. >> reporter: and the cold weather is raising concerns about hypothermia at 30 below zero frost bite can happen in five minutes. temperatures aren't expected to rise until the weekend. >> threats north korea has they promise more rocket launches and a third nuclear test. leaders say they are targeting the united states. we are in the washington dc newsroom. >> reporter: officials in south korea analyzed a debrief and said north korea was testing for a missile that could travel 6200 miles which is far enough to reach the west coast. leaders say americans shouldn't be concerned at this point. they say a lot of work has to be done before north korea has the technology to mount a nuclear warhead on a missile . they are angry after the united states supported the un security council's move on tuesday that expanded sanctions against them for
, sales not meeting analysts. they blame the winner weather and superstorm sandy and some people are saying they should look internally but not good numbers for joseph a. bank. lori: sums it up. thank you. melissa: s&p lowering rating on illinois on the concerns that it is failing to address the $96 billion pension fund deficit. we have the trait treasurer of illinois and he joins us now. dan, tell me the practical implication of this. i know your pension fund they say is only 35% funded. they consider 80% to be healthy. this is really about your pension. what is the implication of the downgrade? >> well, for the taxpayers i think it is two things. one is a real psychological. you keep hearing about how illinois is doing so bad, whether moody's, standard & poor's or fitch but the other the fact when illinois goes into the bond market it costs us more money than if we were for example a aaa rated state like other states in the nation r it costs more in interest on the long-term type of debt we're looking to go into. melissa: they say you have weakened pension fund ratios and a lac
applications rising, hurricane sandy hitting the east coast and home building about to rise again. >> mm-hmm. >> caller: i own a stock for less than a year and made good money on it, but there's questions about their cash flow. i was wondering if it's a good player or should i sell? the stock is called head waters, hw. >> no, speculative and you hit it out of the park. it's time to -- >> sell, sell, sell! >> you did real well, let's move on. i've got to tell you, i think once the stock goes up like that and is exactly as you said about it, take the money and run. paul in minnesota. paul? >> caller: hey, jim, how's it going? >> all right. how about you? >> caller: i've got a question about facebook. what do you think about the earnings report next week? >> i don't know, the stock has had a big run. i do like facebook, i've liked it since the last conference call. i'm not backing away. it's certainly a lot more exciting than say, apple, it may not be as good as google, but it's fine. it's fine. i think it's going to be good. i wish it would go back under $30 where it was the other day, tha
to shrink in the market when all the sandy rebuild is going to go into the economy. i could see second quarter, third quarter a real acceleration because of the sandy spend. >> we have to leave it there. we appreciate that. thank you so much. >>> yahoo shares up nearly 30% since marissa mayer. >> stuck in neutral for a couple years. we got to see a number better than last year's $446 million. that could be harder than ever. one yahoo's been redesigning pages to make user friendly. two don't have ads. so those are potential head winds. one possibility is search revenue it ends up picking up the slack. >> all right, jon. thank you so much. >>> we're in the final stretch. 50 minutes before the closing bell sounds for the day. good movers with individual names now. >> how do you make the moves in the market? the pros on how to play these milestones are coming up. >>> then toyota knocking gm out of the top auto maker spot. does that mean you should buy into toyota and avoid gm stock now? >>> and we'll bring you the yahoo earnings release. will marissa mayer prove herself this quarter? you c
tainiously, they is focused on it too. writing, 7% hit from sandy, big numbers. the stock is down 30 cents. so i renew my efforts. find my something, what is wrong with verizon. i don't see it. find me what is wrong. nothing. just the questions with the margins. it is kind of unoable. and then i'm over across the street. it was a much worse than expected quarter. verizon eps misses leads the vz tombstone. so it is natural that the gang come to me and asks me what i thought. i don't know. in earnings season fine doesn't cut it. the stock is either great or bad, a or sell sell sell and a shortfall is bad. all of this mind you is coming in a total vacuum. what is left after the cost is selling the goods, we don't know. yet the stock is trading heavily and all downhill. so i guess it is really bad. pretty much intimate that by the time the morning begins. the stock starts to trade higher. the cfo has told the people that i can't hear that the company is confident that the margins will improve. cell phones, as you know, if you bought one are heavily subsidized and bangs the margins down. after
in claims from superstorm sandy, but that didn't hurt profits as much as analysts feared. travelers earned 72 cents per share last quarter, only about half what it earned a year earlier but more than five times estimates. shares responded nicely to the surprise, rallying 2.1%, pushing shares to a new high. two items to focus on with the two big phone companies. first, a.t.&t. is expanding its wireless business. the company is buying the retail operations, subscribers, and, most importantly, the wireless licenses of atlantic tele- network. the price was $780 million. a.t.&t. shares gained 0.5% while atlantic tele-network jumped 12.3%. the wireless carriers have been looking for spectrum to expand their services. verizon, meantime, reported quarterly results a nickel less than expected. like other carriers, while it sold a record number of smart- phones over the holidays, many of them came with heavy subsidies hurting short term profits. the stock gained 0.9%. it hit a two-month low last week. tomorrow night, we will hear from apple about its holiday quarter. this quarter, the anticipation h
go. stephanie comes back instantaneously, she is focused on it too. writing, 7% hit from sandy, big wireless numbers. the stock is down 30 cents. so i renew my efforts. find me something, what is wrong with verizon. i don't see it. find me what is wrong. nothing. just the questions of the margins. it is kind of unknowable. and then i'm over across the street. it was a much worse than expected quarter. >> verizon eps misses, reads the tombstone. so it's natural when the gang at squawk comes at me and ask what i thought of a rise in. i don't know. nothing wrong i can see. it is fine. and earnings season, fine doesn't cut it. the stock is either great or bad. it's either a buyer or a cell and a shortfall is bad. all of this, mind you, is coming in a total vacuum, and what verizon is going to say about the margins, what's left after the cost of selling the goods, we don't know. yet the stock is trading heavily and all down hill. so i guess it's a really bad. i pretty much intimate that by the time our morning show begins. i'm beaten down. and taken to the canvas defending this horizon.
of hurricane sandy. many people left with just a structure around them, no heat, just the studs where the walls once were. like the home where nbc's katy tur is visiting tonight, staten island in new york. good evening. >> reporter: good evening, brian. outside the real-feel temperature is about 6 degrees. inside, where people are living, it's about 32 degrees. it got so cold in here last night, these water bottles on the wall actually froze. and this home has heat. >> up. >> reporter: scott and dee mcgrath's whole life has been moved into one small bedroom. >> this is my dining room -- >> living room. >> living room -- >> bedroom -- >> bedroom and computer room. everything all in one. >> reporter: thermostat set to 90, actual temperature, 65. downstairs, though, it's a whole other ball game. >> as you can see, we have a lot of exposed walls. >> there's a lot of people living like this. just because we have heat and electric back on doesn't mean we're actually staying warm. >> 39. >> 39 degrees. >> reporter: the mcgraths have been living this way for three months. in november, they pleaded for
alert. senate passed $51 billion relief bill for victims of super storm sandy. the measure passed the house two weeks ago. critics were unhappy there were no off-setting spending cuts. supporters have been pushing relief bill for weeks. the final bill vote 62-36. now -- ♪ ♪ >> bret: after that music, fresh pickings from the political grapevine. zero. that is the amount of time given to coverage of the hundreds of thousands strong marm for life. marking the 40th anniversary of the roe v. wade decision by cbs and abc evening news show friday. stories that did make the cut, hillary clinton's glasses. and the subway foot-long sub that is only 11 inches long. however, both networks did cover the other march in d.c., the pro-gun control event saturday which cbs said numbered close to 1,000 people. that prompted one religious organization to tweet, "the march for gun control was paltry compared to marm for life, but the media coverage was big versus small. the bias is palpable. >> an article tieing the march for life to increased call for gun control. president obama signed the stimu
was destroyed in superstorm sandy. he was living in a hotel when the bug slammed him. >> it's like every sickness you have ever had in your life and put it together. >> reporter: this year's strain of the flu was taking a heavy toll on the elderly. seniors account for 90% of all flu-related deaths so they are being warned to be extra careful. randall pinkston cbs news, new york. >>> we're on the super bowl ticket trail. where the tickets are ending up and when prices may actually go down. >> then, proud papa. his son is one of the hottest athletes in the world. colin kaepernick's dad talks about his boy's meteoric rise. >> hey, colin and crew, beat the ravens, baby. good luck. >> go, 49ers, ra, ra, ra. the whole bay area is cheering for you! >>> yeah, you spend money getting to super bowl and you'll spend money when you get there. 9ers fans will have a brand-new nfl shop to spend some big bucks in while in new orleans next weekend. today city officials cut the ribbon for the new convention center in new orleans. the center will houses the 60,000-sq
so much. lori: one thing hurricane sandy taught us most gas stations can run out of gas in a disaster. you would think that would force an immediate shift to electric vehicles. the liz claman continues her coverage at davos, switzerland, at the world economic forum to rev up the discussion when if ever people will flock to all electric vehicles. liz: if you had to pick the biggest believer in the electric car revolution it would have to be guy sitting next to me, carlos ghosn, chairman and ceo of nissan-renault. can i call it a revolution? >> it is a revolution. it is happening. a revolution you don't always control the time but we're getting there. >> when you say getting there, you cut the price of the nissan leaf by 6,000 u.s. dollars. does that mean we're not that much there that you don't have to add a little incentive? >> this is something we foreseen from the beginning. we relocated production to the united states. we used to shift the cars and batteries from japan. unfortunately with the yen, production coming out of japan is the expensive. now that it is located in the united
: thank you. sandy? sandra: david up next we have two of the biggest global players out there. liz claman sat down with the ceo and president of hilton worldwide and marriott international together. hear what they have to say next. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. [ male announcer ] save on ground shipping (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. david: when you think of unindustries that got hammered during the financia
jersey areas. were a lot of hurricane sandy damage still is existing. the question is do you look at the facts, we have biological and social economic systems that are in play with rapidly changing global climate. seo keeps going up. it's important. maybe this is a problem that man has made? >> just recently it was that we could go forward and get $136 billion in investments from governments, they predict it would spur over $560 billion in investment from the private sector. so actually there is new industries to be created, whether it's geo- engineering or elsewhere. neil: you know congress' ability to take in the money and waste the money and lose the money. let's check out the president and first lady of the united states. ♪ [patriotic music playing] ♪ neil: what you make of that? >> you are investing in our country. when you say there is more certification, ice is retreating, glaciers are retreating. we have to do something about this area and hopefully the president will provide some leadership. this is a world problem and we need everyone engaged. neil: all right, thank
, finally rebuilding from fukushima have tremendous radiation period. we haven't started the sandy rebuild yet. the united states, he's talking about inland empire, which had been the single worst hit area in america, bidding wars for houses. he is saying wi is going to be an upyear. analysts downgrade it. this is why i say there's another current of skepticism. largest lumber company, that stock's not stopping here. >> i had to laugh when trim tabs gave their inflow numbers for january. $55 billion into mutual funds and etfs. they said the previous record was february of 2000. their words right before the tech bubble popped. that's the skepticism you were talking about. >> investing in irony is a popular thing. they say, i remember, in 1989, we had just come from 1987, and we got back to these levels. i said, well, that's ridiculous. everyone's going to be -- once they get back to the '87 level, they'll sell. the market doubled. then it doubled again. investing in irony is difficult. what you do is invest in earnings, invest in companies, invest in profits. and the profits are pretty good
. in any case, this is the fourth school shooting since last month's massacre at sandy hook elementary in connecticut. three of those four on college campuses. casey stegall live now at the lone star college campus and, casey, officials held a news conference a little while ago, yes? >> yeah, shepard. officials with the harris county sheriff's office who tell us that this all went down in between the library and an academic building right back here behind me. investigators and eyewitnesses say reports of up to 8 gunshots were heard. but authorities saying it's way too early to speculate what this argument was about that led to the gunfire. ironically, lone star college here had just rehearsed how to handle an active shooter. just within the last seven days on this campus, we have had three training exercises for faculty and staff on what to do in an event like this. >> sign of the times. police say another person transported to the hospital this afternoon after reportedly suffering a heart attack during all of, this shepard. >> shepard: what a day for those students in the library, cas
carefully after the bump up from hurricane sandy, it came right back down. that's a good sign that people are not getting fired. and second, an underrated index, the index of leading economic indicators. you saw the slump, that slump was around the middle the year as the whole economy was worrisome but look how well it's come back towards the back end the year. that i think is part of the scenario that we'll grow faster than we have. look at house, retail sales, look at manufacturing, look at other indicators, they've ended the past year pretty good and they are starting the new year pretty well, 2.5%, it ain't the greatest i rather have 5%. leapt us move on. big day for democratic senator diane feinstein. ban 150 types of hand guns and rifles. over time dry up the entire supply of weapons. while she's at it she forgot say that she's in complete violation of the second amendment. this is over the edge stuff with all due respect to miss feinstein. we'll be right back to cover it. . >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour you can say we didn't warn you.
've surpassed issues of weather and sandy and if it has good numbers i think people will use that as a catalyst to propel the market higher. >> okay. nick, who are you watching? take your pick. any particular category, any particular stock next week? there is plenty to choose from. >> absolutely. there's been a wide range of companies and industries reporting next week. so far we've had 147 companies in the s&p report. a lot of them this week have been the financial sector so domestically focused. >> right. >> next week we'll have the materials, energy, and industrial sectors and caterpillar one of those to see, really look and see if we'll see in the data what global growth is doing if there is a pickup. we're seeing it in the global pmis pick up. we want to hear from the companies as well. that can be a real dermer if the market rally will continue. >> apart from caterpillar what sectors or names have the potential to disappoint the market? >> i think yahoo has the potential to disappoint. i think facebook has the potential to dispoint. i think a lot of the store names out there that have pal
hurricane sandy and the year-long midwest drought. deputy defense secretary says the pentagon has started laying off most of its 46,000 temporary and full-time employees in efforts to slow spending. carter also asked the military service to provide detailed plans by february 1st on where they can reduce their short-term spending. and subway issuing an apology over its foot long sandwiches after coming under fire last week when a man posted a picture on his facebook page with an 11 inch sub next to a ruler. subway says it is doubling efforts to insure consistency and correct the length in all of its sandwiches. the company declined to comment on the lawsuit filed by two men over the sandwiches. because of course you should sue. now we continue with our countdown to the closing bell. halliburton earnings pushing oil stocks higher today. let's head back to as i promised nicole petallides on the floor of the new york stock exchange. nicole? nicole: thanks so much cheryl. i'm going to bring you right here to the post where halliburton trades here on the floor of the new york stock exchange, an
easily handle $700 billion a year. preempt hurricanes like hurricane sandy. you know whether that can happen remains to be seen. who will foot the bill? maybe investors and taxpayers. melissa: they argue a lot of private funding has to be involved. until it is profitable that is not going to happen. >> there you go. sure. lori: famous golfer phil mickelson has been making headlines lately. he has said he may leave the state of california because of the high tax rate. fellow golfer tiger woods backed him up saying tax rates were the reason he left for florida back in 1996. but it is not just sports elite that are thinking of leaving. fox's william la jeunesse is in los angeles with, who else might be leaving the maybe not so golden state, william? >> reporter: mickelson is not the only millionaire here. we have 34 thousand in california. i talked about 7. some already left the state. others want to. a state hoping to raise 5 to $7 billion from the 1% by charging them 13.3% in income taxes. >> if you have excessive regulations, and excessive tax, that's just not where you want to be. >>
.s. accounted for nearly 90% of the world's insurance lockers. the largest were hurricane sandy costing $65 billion. the year-long and west drought with a cost of $35 billion. global natural disasters combined $200 billion over all. anyway, the deep freeze gripping much of the nation is pumping out the energy markets and worrying about of the electric companies. dennis: plus, one of the largest investment integers in the u.s. this god is huge. don donahue joins melissa and lori exclusively next. ♪ ♪ making the big romantic gesture. that's powerful. verizon. get a nokia lumia 822 in red for free. tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550
. they actually believe hurricane sandy was man-made and if they had their way 20 or 15 or 10 years ago it wouldn't have happened. there is no science to support that, i'm a lawyer and a legal scholar and television guy like the rest of us but that's just defies common sense. ashley: a multitude of other companies bringing companies that have all these government loans are taxpayer money that went down the drain. you blew that is unconstitutional. judge napolitano: talking about green companies receiving loan guarantee and went out of business and the feds had to pay off the loans, the fed meeting taxpayers or money borrowed from the chinese in the name of the taxpayers. present heavens is congress is congress, republicans and democrats engage so much in the president, so much ability to give these loan guarantees to companies other presidents choosing that this is now coming home to roost. republicans gave his power to george h. w. bush and george w. bush, democrats gave the power to jimmy carter and bill clinton, barack obama has exercised this power in ways that has frustrated everybody. repub
costs and to super storm sandy, the telecoms are only at 44 cents a share. revenue and subscriber growth, they were better than expected as the company sold 8.6 million iphones. at&t pays a big subsidy after it sells. but over the long-term, they are expected these iphones to help things out. ceo randall stevensson says the company is eyes oversees growth opportunities. if you take a look at shares at at&t, that stock at this point trading at 33.75. >> at&t, that stock is a 5% yielder. 5.3%. let's get to andrew at the world economic forum. and he seemed like he was champing at the bit to get this news out. and i'm not really sure what -- >> it better be good. >> first of all, it's a busy day here in davos. we have a big show for you. we have lloyd blank fine coming up at 8:00. those are the big things happen here on squawk. we also have. >> news for you, mario draghi making some comments that a lot of people are paying attention to this morning. an upbeat speech he gave, pretty optimistic. some people calling it a bit of a mystery lap, talking about a possibly recovery starting six month
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